Skip Ribbon Commands
Skip to main content

News release

SAN DIEGO, CA

Verizon to Occupy More than 50 Percent of Enclave Sorrento

110,000-square-foot lease for technology campus recently transformed into Class A office


SAN DIEGO, July 9, 2015 – Fortune 15-ranked power house Verizon, has secured 110,000 square feet of office space at Enclave Sorrento, a technology campus that recently underwent major renovation by California-based McCarthy Cook with New York- and London-based partner AllianceBernstein.

The lease, negotiated by JLL’s Managing Director Chad Urie, Managing Director Tony Russell and Senior Vice President Tim Olson, brings the two-building, 213,000-square foot campus, located at 9808 and 9868 Scranton Road, to more than 50 percent pre-leased.

“Verizon will consolidate more than 600 employees from three different locations in San Diego with their move to Enclave Sorrento,” said Brian Harnetiaux, Vice President, Asset Management, at McCarthy Cook. “The open floor designs, indoor/outdoor spaces and interconnectivity between the buildings fit the collaborative work environment they and so many progressive firms want to offer their employees.”

The $38 million renovation at Enclave Sorrento included a new, five-story parking structure, two-story glass enclosed lobbies, new hotel-grade restrooms, a café and tenant lounge with a fold-away glass wall system and large screen televisions and a fitness and yoga center with locker rooms. Enclave Sorrento tenants will also have access to a shuttle service from the Coaster and a shared free bicycle program.

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center webpage. Bookmark it here: http://bit.ly/18P2tkv.

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $55.3 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.